Wednesday, 23 July 2014
·
YES Bank Q1 profit up 10% to Rs
439.5 cr, misses forecast
YES Bank
first quarter (April-June) net profit rising 9.7 percent on yearly basis to Rs
439.5 crore despite fall in provisions. Lower other income and higher operating
expenses impacted bottom line.
·
Polaris Q1 profit slips 15.6% to
Rs 38.3 cr
Polaris
Financial Technology disappointed the street by reporting a consolidated
net profit at Rs 38.3 crore in April-June quarter, down 15.6 percent compared
to Rs 45.4 crore in previous quarter due to fall in revenues and higher tax
cost.
·
NIIT Q1 FY15 net profit at Rs. 60
lakh
NIIT Ltd reported its
results for the first quarter ended June 30, 2014. In this quarter, the company
recorded Net Revenue of Rs 225.3 Cr with a PAT of Rs 0.6 Cr. EBITDA was
recorded at Rs 12.8 Cr, up 23% YoY, and the Operating margin stood at 6% up 101
bps YoY.
·
KPIT Tech slumps after poor Q1 results
KPIT
Technologies slumped 6.76% after consolidated net profit fell 17.13% to Rs
50.80 crore on 1.5% decline in revenue to Rs 689.70 crore in Q1 June 2014 over
Q4 March 2014.
